Often Partisan

Who is Yang Yuezhou?

The BBC broke news this afternoon of the man who runs Inkhata Group Ltd, giving a name of Yang Yuezhou. I received a few requests on twitter almost immediately to dig up what I could on the guy, and I’m pleased to say after a couple of false starts I think I’ve found him.

First of all, I think it’s worth confirming that Mr Yang is the guy behind Inkhata, which I can do via this notice filed to the HKSE this afternoon. As you can see, Inkhata are putting forward the entirety of the £6mil for the convertible notes, and should they convert them to shares Mr Yang will become the second highest shareholder in BIH based on current shareholder structure.

So who is Yang Yuezhou? I believe that he’s the chairman of Qinghai China Hui Industrial Ltd, which is based in Xining, central China. He’s 41 years old, and a resident of Guangdong – which has been suggested by various rumours I’ve talked about previously. Mr Yang is in real estate, and has been a succesful developer of four projects in Qinghai.

Other than that, there isn’t much more I can currently add, although I’m now doing my best to research him and his business. As I find more info, I’ll do my best to update the blog.

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